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re: Official CryptoTalk Thread

Posted on 4/12/21 at 8:09 am to
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/12/21 at 8:09 am to
quote:

Bnb is godzilla, eth is king kong



we tried to warn em when BNB was $50 but they didnt wanna listen lol
Posted by UnluckyTiger
Member since Sep 2003
42278 posts
Posted on 4/12/21 at 8:25 am to
I have a few and remember almost selling them at 74 to buy LINK. Glad I didn’t
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 4/12/21 at 8:26 am to
How is the flexible interest over on Binance? Pretty much the only reason I haven't used their service yet is because chasing better yields.
Posted by BillyGibbons
St. Somewhere
Member since Mar 2020
787 posts
Posted on 4/12/21 at 8:27 am to
quote:

we tried to warn em when BNB was $50 but they didnt wanna listen lol


I’m so mad at myself right now. I had 700 BNB at under $1 and sold at $2 to buy shitty ECA coin. That BNB would be worth north of $400k today. Instead I’ve got like $20 worth of ECA.
This post was edited on 4/12/21 at 8:28 am
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/12/21 at 8:33 am to
im not sure about the yields on the regular platform but ive been using their DEX (pancake swap), and the yields there are absolutely insane... if youre willing to go down that route.
This post was edited on 4/12/21 at 8:34 am
Posted by UnluckyTiger
Member since Sep 2003
42278 posts
Posted on 4/12/21 at 8:33 am to
Wow. Been there before with other coins so I feel your pain.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/12/21 at 8:34 am to
quote:

I’m so mad at myself right now. I had 700 BNB at under $1 and sold at $2 to buy shitty ECA coin. That BNB would be worth north of $400k today. Instead I’ve got like $20 worth of ECA.





Posted by finchmeister08
Member since Mar 2011
39896 posts
Posted on 4/12/21 at 8:35 am to
quote:

Bnb is godzilla, eth is king kong


what is the point of BNB? it thought it was just a place to store your extra satoshis or whatever that you couldn't buy anything with. or at least that's what i thought it was for back in '17/'18.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/12/21 at 8:39 am to
quote:

DEX (pancake swap), and the yields there are absolutely insane... if youre willing to go down that route


check out the APRs ...

LINK
Posted by Scoobs
Member since Jul 2010
256 posts
Posted on 4/12/21 at 8:50 am to
with pancake swap, you link your metamask or equivalent wallet and stake that coin until staking period ends?
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/12/21 at 8:58 am to
yeah, there are some good youtube videos which explain it in detail

fair warning, many of the tokens there could potentially rug pull at any time so just consider the risk/reward ratio before going in
Posted by Scoobs
Member since Jul 2010
256 posts
Posted on 4/12/21 at 9:04 am to
similar to etherdelta shitcoins lol
I just scrolled through the list and noticed i'm holding a couple of those in my coinbase wallet.

Do you use Bisq to buy btc with fiat? I read an about using that to transfer fiat to crypto and it said its the best way to do it anonymously
Posted by 21JumpStreet
Member since Jul 2012
14873 posts
Posted on 4/12/21 at 9:18 am to
It's basically coinbase + eth
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 4/12/21 at 9:23 am to
quote:

I’m so mad at myself right now. I had 700 BNB at under $1 and sold at $2 to buy shitty ECA coin. That BNB would be worth north of $400k today. Instead I’ve got like $20 worth of ECA.


Man. I had an $80k trade I missed out on when I sold doge too early. That's way worse lol
Posted by bluebarracuda
Member since Oct 2011
19224 posts
Posted on 4/12/21 at 9:28 am to
I remember dumping my ECA for doge back then. I forgot about it and now coinhouse eu is gone

Would only be like $200 worth now though, so not too bad
Posted by Douglas Quaid
Mars
Member since Mar 2010
4120 posts
Posted on 4/12/21 at 10:20 am to
quote:

what is the point of BNB?


Proof that the crypto market really doesn't give a shite about decentralization.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 4/12/21 at 12:29 pm to
as of now, it’s helping disprove the entire concept of ETH.

you can’t have a decentralized computer without insane fees.

guess we will see how this evolves
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
13437 posts
Posted on 4/12/21 at 1:21 pm to
quote:

Proof that the crypto market really doesn't give a shite about decentralization.

This will end poorly and leave a wake of bagholders
Posted by Douglas Quaid
Mars
Member since Mar 2010
4120 posts
Posted on 4/12/21 at 1:31 pm to
To wrongly paraphrase Thomas Sowell, what is crypto but the story of a long wake of bag hodlers?

Posted by finchmeister08
Member since Mar 2011
39896 posts
Posted on 4/12/21 at 1:34 pm to
that doesn't sound promising.
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